“We need to go back to the drawing board and have a look at what we have developed…We have to look at ways to simplify.” – Karel van Hulle, head of the European Commission’s insurance and pensions unit – CEIOPS conference 2010, Frankfurt am Main.
“Based on the [QIS5] results…the European Commission, industry as well as CEIOPS will have to judge whether the system is fit for implementation. It is our belief that the Solvency II project will benefit from the catalysing effect of QIS5, which will help refine the measures, without losing sight of the big picture.” – Gabriel Bernardino, CEIOPS chair, opening speech – CEIOPS conference, November 2010.
For the full text of Gabriel Bernardino’s speech to the CEIOPS conference, follow the link to the CEIOPS website:
Gabriel Bernardino – CEIOPS opening speech
For a Bloomberg report on the annual CEIOPS conference, held in Frankfurt am Main, published on the 18th of November 2010, follow the link to the Bloomberg website:
